px Group acquires majority stake in NRG Well Management

The move expands the global infrastructure solutions firm’s business to include well management services for the upstream oil and gas industry

Global infrastructure solutions firm px Group has announced the acquisition of a majority stake in Scotland-based NRG Well Management.

px Group’s offerings will now include well engineering, procurement of crude oil and natural gas from underwater or underground fields and plugging and abandonment services.

The acquisition will allow px Group to deploy NRG’s expertise in asset lifecycle management and further explore business opportunities across the North Sea.

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